SPX March Weekly Iron Condor closed for target.
A short while ago the exit order executed to exit this week's SPX Iron Condor.
Closing details are as follows:
BOUGHT SPX March 2110 Call, .50 Debit.
SOLD SPX March 2120 Call, .10 Credit.
BOUGHT SPX March 2000 Put, 1.60 Debit.
SOLD March 1990 Put, 1.05 Credit.
Net Debit (all four legs): .95
Net Credit to Open Position: $1.55
This represented a gain of $60, or 7.1% of the margin and our target for the trade.
As always, stay keen on your risk management and trade carefully,